Biogen Idec (BIIB)

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291.48 +5.99  +2.10% NASDAQ Apr 16, 8:00PM BATS Real time Currency in USD

Biogen Idec Total Interest Expense (Quarterly):

4.90M for Dec. 31, 2013

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Biogen Idec Total Interest Expense (Quarterly) Chart

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Biogen Idec Historical Total Interest Expense (Quarterly) Data

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Data for this Date Range  
Dec. 31, 2013 4.90M
Sept. 30, 2013 5.10M
June 30, 2013 6.40M
March 31, 2013 7.20M
Dec. 31, 2012 6.50M
Sept. 30, 2012 2.80M
June 30, 2012
March 31, 2012 0.90M
Dec. 31, 2011 1.60M
Sept. 30, 2011 2.60M
June 30, 2011 4.10M
March 31, 2011 55.00M
Dec. 31, 2010 5.80M
Sept. 30, 2010 6.245M
June 30, 2010 2.30M

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About Interest Expense

When companies borrow money to expand or maintain their business operations, they must pay interest on the money that they borrow. The interest expense is the annual accrued amount of interest that the company paid (or sometimes will have to pay) to its creditors.

A higher interest expense means that the company is paying more to its debtors. In general, a company's capital structure with a heavier debt focus will have higher interest expenses. Liquidity ratios such as EBIT/Interest Expense can help investors see if increasing Interest Expenses are problematic.

YCharts includes both operating interest expense and non-operating interest expense in our numbers.
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BIIB Total Interest Expense (Quarterly) Benchmarks

Gilead Sciences 73.15M
Novartis 163.00M
Celgene 22.70M

BIIB Total Interest Expense (Quarterly) Range, Past 5 Years

Minimum 0.9000M Mar 2012
Maximum 55.00M Mar 2011
Average 7.960M

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